Invesaro

Stocks Comparison

Apple vs Microsoft: revenue, profit, margins and growth compared

Apple brought in $416.2B of revenue in fiscal 2025, Microsoft $331.8B in fiscal 2026. Revenue changed by +6.4% at Apple and +17.8% at Microsoft on the year before, so Microsoft grew faster. Apple kept 26.9% of its revenue as net profit, Microsoft 40.3%. Free cash flow was $98.8B at Apple and $67B at Microsoft.

Side by side, latest fiscal year

AAPLMSFT
Fiscal year endedFY2025 (September 27, 2025)FY2026 (June 30, 2026)
Revenue$416.2B$331.8B
Revenue growth+6.4%+17.8%
Net income$112B$133.7B
Net margin26.9%40.3%
Free cash flow$98.8B$67B
Free cash flow margin23.7%20.2%
Earnings per share (diluted)$7.46$17.95
Cash$35.9B$20.9B
Debt$90.7B$40.3B
Price to earnings45.728.8
Market value$4.98T$3.83T
Dividend yield0.30%0.71%
Rank by revenue in sector#1 of 530 · Technology#3 of 530 · Technology

Over the years

Revenue
AAPL FY2018: $265.6BAAPL FY2019: $260.2BAAPL FY2020: $274.5BAAPL FY2021: $365.8BAAPL FY2022: $394.3BAAPL FY2023: $383.3BAAPL FY2024: $391BAAPL FY2025: $416.2BMSFT FY2019: $125.8BMSFT FY2020: $143BMSFT FY2021: $168.1BMSFT FY2022: $198.3BMSFT FY2023: $211.9BMSFT FY2024: $245.1BMSFT FY2025: $281.7BMSFT FY2026: $331.8BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $416.2BMSFT $331.8B
Net income
AAPL FY2018: $59.5BAAPL FY2019: $55.3BAAPL FY2020: $57.4BAAPL FY2021: $94.7BAAPL FY2022: $99.8BAAPL FY2023: $97BAAPL FY2024: $93.7BAAPL FY2025: $112BMSFT FY2019: $39.2BMSFT FY2020: $44.3BMSFT FY2021: $61.3BMSFT FY2022: $72.7BMSFT FY2023: $72.4BMSFT FY2024: $88.1BMSFT FY2025: $101.8BMSFT FY2026: $133.7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $112BMSFT $133.7B
Net margin
AAPL FY2018: 22.4%AAPL FY2019: 21.2%AAPL FY2020: 20.9%AAPL FY2021: 25.9%AAPL FY2022: 25.3%AAPL FY2023: 25.3%AAPL FY2024: 24.0%AAPL FY2025: 26.9%MSFT FY2019: 31.2%MSFT FY2020: 31.0%MSFT FY2021: 36.5%MSFT FY2022: 36.7%MSFT FY2023: 34.1%MSFT FY2024: 36.0%MSFT FY2025: 36.1%MSFT FY2026: 40.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL 26.9%MSFT 40.3%
Revenue growth
AAPL FY2019: -2.0%AAPL FY2020: +5.5%AAPL FY2021: +33.3%AAPL FY2022: +7.8%AAPL FY2023: -2.8%AAPL FY2024: +2.0%AAPL FY2025: +6.4%MSFT FY2020: +13.6%MSFT FY2021: +17.5%MSFT FY2022: +18.0%MSFT FY2023: +6.9%MSFT FY2024: +15.7%MSFT FY2025: +14.9%MSFT FY2026: +17.8%FY19FY20FY21FY22FY23FY24FY25FY26
AAPL +6.4%MSFT +17.8%
Free cash flow
AAPL FY2018: $64.1BAAPL FY2019: $58.9BAAPL FY2020: $73.4BAAPL FY2021: $93BAAPL FY2022: $111.4BAAPL FY2023: $99.6BAAPL FY2024: $108.8BAAPL FY2025: $98.8BMSFT FY2019: $38.3BMSFT FY2020: $45.2BMSFT FY2021: $56.1BMSFT FY2022: $65.1BMSFT FY2023: $59.5BMSFT FY2024: $74.1BMSFT FY2025: $71.6BMSFT FY2026: $67BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $98.8BMSFT $67B

Fiscal years as each company reports them; the two may end in different months.

Questions about Apple and Microsoft

Which is bigger by revenue, Apple or Microsoft?

Apple is bigger by revenue: $416.2B in fiscal 2025, against $331.8B for Microsoft in fiscal 2026.

Which keeps more of its revenue as profit, Apple or Microsoft?

Apple had a net margin of 26.9% in fiscal 2025; Microsoft had 40.3% in fiscal 2026.

Which grew revenue faster, Apple or Microsoft?

In their latest fiscal years revenue changed by +6.4% at Apple and +17.8% at Microsoft.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies